XRP to the Moon? 🚀

The indefatigable XRP enthusiast, XRPunkie, has been making waves (pun intended) with his latest thesis: XRP is poised for a 600% rally, à la its previous meteoric rise, all part of the vaunted Wave 3 Elliot structure. The altcoin, he posits, shall zoom past its erstwhile highs to the dizzying heights of $13-$15. One can almost hear the champagne corks popping in the distance… or is it merely the sound of credulous investors being led down the garden path? 🥂

This theory, much like a debutante at a high-society ball, has captured the attention of the community, amidst the recent bullish developments. But, dear reader, let us not be swayed by the whims of fancy; let us instead don the cloak of skepticism and subject this claim to the cold, harsh light of scrutiny. 🔍

CoinPedia, that bastion of level-headedness, shall decode the claim, and we shall follow their lead, with a healthy dose of humor and sarcasm, naturally. 😏

Can $XRP pull another 600% gain like what we did in Nov-Jan in the next wave up? Usually the Wave 3 will be the strongest and most explosive wave. Which means we ‘could’ potentially expect more than 6x from current price. Personally I think $13-15 is possible.

— XRPunkie (@Shawnmark7899) July 7, 2025

Claim	XRP will rally 600% in Wave 3 to hit $13–$15
Verdict	No Guarantee 🤔
Fact-Check by	CoinPedia 📰

Also Read : Is XRP Price Heading for a Crash? 🚨

The Proponent of This Daring Claim

XRPunkie, that intrepid soul, has shared a chart projecting a 600% surge for XRP in the next bullish wave. The post, as seen above, highlights an Elliott Wave count suggesting XRP could mirror its previous +600% rally, which was seen between Nov 2024 and Jan 2025. To reach its new all-time high between $13 and $15 in Wave III, naturally. 📈

Coinpedia’s Key Findings and Counter-Evidence 📊

1. Elliott Wave: A Pattern-Based Framework, Not a Guarantee of Success

The Elliott Wave framework, while widely acknowledged, is also subjective, much like a certain someone’s taste in art. 🎨 While Wave 3 is generally the strongest, successful execution depends on the correct wave count and ideal market conditions. Many analysts debate XRP’s current wave positioning, rather like a group of befuddled tourists arguing over a map. 🗺️

2. XRP Faces a Roadblock Near $2.35 🚧

Technical indicators show that XRP is testing resistance near $2.35, with the Bollinger Band upper bound and RSI at 56.73, nearing its overbought territory. We believe that this short-term upside may be limited unless backed by a high-volume breakout, rather like a car requiring a fresh tank of gas to continue its journey. ⛽️

3. Market Conditions: Not Quite Ready for Altcoin Liftoff 🚀

BTC dominance stands at 64.5%, overshadowing altcoin growth, much like a large tree blocking the sunlight from smaller plants. 🌳
Altcoin season index is only 25/100, showing weak alt momentum, rather like a car struggling to gain traction on a slippery road. 🚗
The Fear & Greed index is neutral at 50, lacking emotional sentiments that often trigger large rallies, much like a firework without a spark. 🎇

4. On-Chain Metrics: Improving, But Not Quite There Yet 📈

Active addresses on the 90-day time frame and exchange outflows show a modest uptick, suggesting accumulation but not a full-blown demand surge, rather like a gentle breeze on a summer’s day. ☁️ Volume rose 76.73% in 24 hours, which is positive but not unprecedented, much like a pleasant but not spectacular meal. 🍴

Also Read : Ripple Price Prediction After XRP ETF Approval 📊

5. Fundamentals: Strong, But Not Enough Alone 💪

XRP Ledger just launched its EVM-compatible sidechain, boosting DeFi prospects, much like a new highway opening up fresh possibilities for travel. 🚗
Ripple secured an RLUSD collateral deal and received SEC approval for Grayscale’s XRP ETF, both bullish milestones, rather like two sturdy legs supporting a table. 🛋️
The Ripple vs. SEC lawsuit could soon reach a resolution, much like a long-awaited verdict in a court case. 🤝

Claim vs Coinpedia’s Evidence 📊

Claim Made by Theory	Coinpedia’s Counter-Evidence
XRP surged 600% in 73 days before, so it can again	Past performance ≠ future results, depends on the cycle context 📊
Wave 3 will drive XRP to $13–$15	Fibonacci levels are projections, not price guarantees 🔮
Strong fundamentals will ignite Wave 3	Fundamentals help, but don’t guarantee price spikes 💸
Breakout from consolidation is bullish	Breakouts need volume + momentum to sustain big moves 📈
The market is ready for an altcoin wave	BTC dominance is high, altcoin season is not confirmed yet 🤔

Conclusion 📝

The theory that XRP could hit $13–$15 based on Wave 3 projections is plausible but highly speculative, much like a tantalizing rumor that may or may not be true. 🤔 While XRP’s strong fundamentals, recent ETF approval, and sidechain launch support bullish sentiment, technical and macro factors do not yet confirm the conditions needed for a 600% rally. 📊

We would suggest investors to watch for a breakout above $2.50 with rising volume and signs of altcoin dominance before considering this theory for purchases, rather like waiting for a ripe fruit to fall from the tree. 🍉

2025-07-08 14:09